secwatch.observer — SEC 8-K summary
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Issuer:     Voyager Technologies, Inc./DE (VOYG)
CIK:        0001788060
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0001628280-25-048250
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

Voyager Technologies Q3 2025 Revenue $39.6M, Net Loss $16.3M
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- Delivered net sales of $39.6 million in Q3 2025, with Defense and National Security segment growing 31% year-over-year to $28.5 million.
- Expects full-year 2025 revenue towards high-end of guidance range of $165 million to $170 million.
- Total backlog increased to $188.6 million, with book-to-bill ratio of 1.25.
- Incurred net loss of $16.3 million and non-GAAP adjusted EBITDA loss of $17.7 million, reflecting Starlab ramp-up and innovation investment.
- Robust balance sheet with $413.3 million cash and $200 million undrawn revolver capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1788060/000162828025048250/0001628280-25-048250-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1788060/000162828025048250/voyg-20251103.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-048250

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